SUZOHAPP welcomes new € 20 note

The Bill-to-Bill note recyclers and MFL bill validators, by design, are ready to accept the new € 20 banknote and only require a simple software update. In addition, they have recently successfully passed the ECB test attaining 100% for their ability to accept authentic notes and reject counterfeits. An important success as, according to ECB, in the first half of 2015 454,000 counterfeit euro banknotes were withdrawn from circulation. In particular the € 20 note continues to be the most counterfeited banknote.

“We are very proud of this brilliant result since it has confirmed, once again, the maximum reliability and security of our note validating and recycling solutions”, stated Marcel Oelen, SUZOHAPP EMEA Managing Director.

“The Bill-to-Bill and MFL product lines have become industry standards and have set the bar high, especially when it comes to their reliability, performance and customer satisfaction”, explains Sim Bielak, EVP & GM, Global Bill-to Bill Product Line. “For Bill-to-Bill this was made possible thanks to the advanced sensor technology that improves valid bill recognition and protects against counterfeits. The validated bills are distributed between three recycling cassettes and one lockable-removable drop cassette. On the other hand, MFL provides high security due to unique patented multi-sensor technology with self-calibration system. Its aligning mechanism straightens the misaligned banknotes to prevent jams and assure a high acceptance rate (98% or higher)” .